Qualcomm (QCOM)
NASDAQInformation TechnologySemiconductorsSnapshot 2026-09-04
$168.74+0.10%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologySemiconductorsSnapshot 2026-09-04
QuarterlyIQ Insights · QCOM
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 12 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $169 QCOM trades at 16× p/e, below its 49× p/e peer median. Our $199 fair value sits above the price. We hold it with medium confidence: the peer anchor overstates how cheap it looks. Analysts target $159–$400. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| analyst target | 12M | $215.00 | — | — | Analyst | high |
| dcf fcfe | 12M | $252.29 | — | — | Hist. CAGR | high |
| dcf fcff | 12M | $275.11 | — | — | Hist. CAGR | high |
| ddm gordon | 12M | $55.55 | — | — | TTM | high |
| graham number | 12M |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
$159.00 – $400.00 (median $215.00) · 28 analysts · as of 2026-07-30
Only weak execution quality — not the full expensive x weak x turbulent stack. Regime (Mania) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
At today's price you pay about 8% over what the business is worth with no growth; closing that gap needs roughly — years of the forecast growth to come through. These describe the expectations embedded in the price, not a forecast of the move. Reverse-DCF base: $9.48/sh owner earnings.
Looks cheaper than most peers in the same business.
Around its own typical valuation.
Trailing four: 2025-Q3, 2026-Q1, 2026-Q2, 2026-Q3
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| $77.21 |
| — |
| — |
| TTM |
| high |
| Peer EV/EBITDA | 12M | $269.96 | 22.3 | 12.55 | TTM | high |
| Peer P/FCF | 12M | $454.01 | 46.6 | 9.74 | TTM | high |
| Peer P/E | 12M | $258.39 | 25.3 | 10.23 | ntm analyst | high |
| Peer P/S | 12M | $341.02 | 8.3 | 41.22 | TTM | high |
| residual income | 12M | $55.85 | — | — | TTM | high |
| Own P/E history | 12M | $162.74 | 15.9 | 10.23 | TTM | high |
| triangulated | 12M | $524.84 | 49.4 | 10.63 | Triangulated | high |
| Peer P/FCF | 3Y | $688.95 | 46.6 | 14.79 | Hist. CAGR(prov.) | medium |
| Peer P/E | 3Y | $300.71 | 25.3 | 11.90 | Analyst | medium |
| Peer P/S | 3Y | $354.72 | 8.3 | 42.88 | Analyst | medium |
| Own P/E history | 3Y | $189.27 | 15.9 | 11.90 | Analyst | medium |
| Peer P/FCF | 5Y | $909.78 | 46.6 | 19.53 | Hist. CAGR(prov.) | high |
| Peer P/E | 5Y | $312.40 | 25.3 | 12.36 | Analyst | high |
| Peer P/S | 5Y | $368.51 | 8.3 | 44.55 | Analyst | high |
| Own P/E history | 5Y | $196.63 | 15.9 | 12.36 | Analyst | high |